Your Neighbor in Real Estate: I've been around the block a few times~ Have you?

I've been around the block a few times~ Have you?

realtor in crosswalkI've been around the block a few times~ Have you?

No, I don't mean how much experience I have. Although my 15+ years in real estate would certainly include me in any old timers club. ....... I can remember when.... ..well some other post, maybe.

Here's what I mean when I ask, "Have you been around the block a few times?" When you take a new listing, or when you are about to interview for a new listing, it is most adviseable, no I mean imperative, to walk and drive around the block, and around the neighborhood.

Here are some things you must look out for:

  • Any new construction project~ you may be asked about it and you don't want to appear like you don't know what is going on in the neighborhood.


  • Any new commercial construction~ you may need to disclose  a major addition to the neighborhood, or a much needed hospital, a new school, etc.


  • Any FSBOs~ This will give you a chance to talk to them and also find out what type of competition they will be.


  • Any current listings. I know this can be done from the online mls. However, I suggest a that a personal viewing is imost important, so you can speak from experience to anyone on its viability as a contender to your "new" listing.



  • Are there any vacant/distressed properties not yet on the market that may affect your "new" listing's valuation due to its condition and appearance?


  • How far away is the local school? Is it around the block, and how does the school bus schedule impact the area?


After you win the listing, walking around the block and engaging people who are out gardening, washing their car, or walking their dogs might like to know about your new listing and this gives you the opportunity to meet them. Who knows? They may need your services soon. So don't do it just once and forget it. Making it a habit will familiarize you with the neighborhood and they with you....Jackpot!!

There is really nothing quite so real as walking the block. Bring along your camera and video camera to capture the unique features of this particular neighborhood. And if there are none, just call it serene and peaceful which is a sought after feature in itself and you already have the pics and video to prove it!



Sandy Acevedo ~Your Neighbor in Real Estate ~ Whether it is to buy or sell property

                 in Riverside or San Bernadino County, I can help!~

 

If you are interested in learning more about Inland Empire Real Estate, please contact me. I am ready to assist you! 

Sandy Nichols HAFA Specialist

 

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Sandy Acevedo   Cell: (951) 290-8588  BRE #01178979

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Comment balloon 50 commentsSandy Acevedo • September 13 2011 12:06AM

Comments

I like to go around the block and knock on doors to ask if they know someone who might like to live in the neighborhood.

Posted by Vickie Nagy, Vickie Jean the Palm Springs Condo Queen (Coldwell Banker Residential Real Estate) over 7 years ago

Always let the neighbors know.... That is one tip I always follow when taking a listing... The neighbors have to know... They might know someone that was looking in that neighborhood or they have been tossing the idea around in their head and you just happen to be at the right place at the right time..

Posted by Stacey Smith, Your Orange County Beach Cities Realtor (Keller Williams Realty) over 7 years ago

Sounds like some good advice Sandy. You HAVE been around the block a few times haven't you?

Posted by Tom Arstingstall, General Contractor, Dry Rot, Water Damage Sacramento, El Dorado County - (916) 765-5366, General Contractor, Dry Rot and Water Damage (Dry Rot and Water Damage www.tromlerconstruction.com Mobile - 916-765-5366) over 7 years ago

I live in a very rural area, so taking a walk around the block might mean driving up the road a mile or so, but that's okay. This is a great idea.

Posted by Debbie Laity, Your Real Estate Resource for Delta County, CO (Cedaredge Land Company) over 7 years ago

Great advice, When I was new in the business I used to door knock around my listings. It was a great opportunity to meet neighbors, learn about the neighborhood and learn how to talk real estate. Your idea of driving around is imperative if you are listing in a neighborhood that you don't know that well. A quick look on Google maps is always a good idea too if you are pressed for time.

Posted by Rich Cederberg, eXp Realty Agent Albuquerque (eXp Realty) over 7 years ago

Your title caught my eye and I expected something completely different than what I got! Great Post! A very worthy read to everyone Realtor, Lender etc!

Posted by David Shamansky, Creative, Aggressive & 560 FICO - OK, Colorado Mtg (US Mortgages - David Shamansky) over 7 years ago

Hi Vickie, that's another good question to ask!

So true, Stacey, that neighbors like to be in the know.

Hey Tom, I'm giving you the benefit of the doubt and say "Yes, I have!" Thank you very much!

Hi Debbie, driving is good too. Just take it all in.

Posted by Sandy Acevedo, RE/MAX Masters, Inland Empire Homes for Sale (951-290-8588) over 7 years ago

Sandy, This is a great way to get some new business too. Always networking while you are out walking around the block. This some great advise for all agents.

Posted by Jerry Newman, Texas REALTOR, San Antonio Military Relocation (Brown Realty, 210-789-4216,www.JeremiahNewman.com) over 7 years ago

Sandy, that is great stuff.  The more knowledgeable we are about the home and neighborhood, the easier it is to correctly present it to get it sold.  You Rock.

Posted by Marge Piwowarski, Phoenix AZ Horse Property, LLC (Phoenix AZ Horse Property) over 7 years ago

Thanks Rich for commenting. Using google maps is a good idea. Do you mean for schools?

Hi US, I like to twist titles. Thanks for stopping by and commenting.

Hey Jerry, thanks for stopping by.

Hey Marge, you got it exactly!

Posted by Sandy Acevedo, RE/MAX Masters, Inland Empire Homes for Sale (951-290-8588) over 7 years ago

Sandy, great points! I do the same thing when going to a consult, that way I know if there is any competition near by for the home I'm staging. Because the house that shows the best sells the best! (if it's priced right) Thanx for sharing!

Posted by Peg Barcelo, The FlufftasticStager from Summerland, BC (Fluff My House! Home Staging Inc. 250.486.6369) over 7 years ago

Hi Peg, glad to hear you use this strategy too. Good information is the best preparation!

Posted by Sandy Acevedo, RE/MAX Masters, Inland Empire Homes for Sale (951-290-8588) over 7 years ago

Sandy

 You are so very right. I like driving around the block too, to get an idea of the neighborhood as well as figure out the easiest and most scenic ways to get to the property.

Thanks for the reminder and other reasons on why it's a good idea to do this.

Posted by Pacita Dimacali, Alameda/Contra Costa Counties CA (Alain Pinel) over 7 years ago

Excellent post Sandy - will put this into practice (as practical).

Posted by Ruby Lee Sweeting, Your Bahamas Agent for Relocations & Second Homes (Darville Wong Associates Realty Bahamas) over 7 years ago

Sandy- while I have never been a fan of door knocking, visiting with neighbors who may be out and about is always a pleasant experience; driving around the neighborhood is a must. In addition to getting more familar with what is near by as possible benefits to the home just listed. I enjoyed the post.

Posted by Allison Stewart, St. Cloud Fl Realtor, Osceola County Real Estate 407-616-9904 (St.Cloud Homes ) over 7 years ago

Hi Pacita, And thank you for the reminder on knowing the most scenic route there, in case you have a buyer in your car taking him/her there. Forgot that one!

Thanks Ruby. I take that as a compliment.

Hi St. Cloud, it is so much easier approaching people when they are out. I don't feel like it is the same intrusion. It is like you said... visiting the neighbors. Thanks for your comment.

Posted by Sandy Acevedo, RE/MAX Masters, Inland Empire Homes for Sale (951-290-8588) over 7 years ago

Great post, Sandy,

I couldn't agree with you more!

Thank you for your post.

Posted by Tatyana Makarov, Your Greater Hartford Area Realtor (Coldwell Banker Residential Brokerage) about 7 years ago

Great advice, Sandy!  It's insight like this that makes a seasoned agent so invaluable to both buyers and sellers!

Posted by Ed Gillespie about 7 years ago

Sandy,

Excellent advice. The neighbors are all planning on visiting the first time you have an open house, so why not invite them. Say, “Watch for my signs and come on by and say ‘Hello’ when I have an open house.”

Building a relationship with the neighbors is always a good thing.

Posted by John Juarez, ePRO, SRES, GRI, PMN (The Medford Real Estate Team) about 7 years ago

This is such very good advice!  It is always good to know as much as possible about the pros and cons of a particular listing location - and to know those things that are bound to come up as questions.  (And meeting some neighbors along the way can be icing on that cake!)

Posted by Nancy Conner, Olympia/Thurston County WA about 7 years ago

Thank you - this is very good information that I will share with my listing team.  :)  You are so right, too often we don't take the time to "drive around the block!"

Posted by Joy Daniels (Joy Daniels Real Estate Group, Ltd.) about 7 years ago

I do some of this and some I don't! I do check into FSBO, area construction (business and residential) and I do check out the competition but only on MLS. I think I will check into the local school and distressed properties too! The more you know right!?

 

Posted by Rosalie Evans, The Evans Group, Sioux Falls, SD Homes For Sale (Meritus Group Real Estate) about 7 years ago

Sandy all good points. In that way you can become the "neighborhood" expert.

Posted by Robert L. Brown, Grand Rapids Real Estate Bellabay Realty, West Mic (www.mrbrownsellsgr.com) about 7 years ago

Thanks for the post today, I enjoyed the read. Good comments to mull over as well.

 

Patricia Aulson/ Seacoast NH & ME  REALTOR

Posted by Patricia Aulson, Realtor - Portsmouth NH Homes-Hampton NH Homes (BERKSHIRE HATHAWAY HOME SERVICES Verani Realty NH Real Estate ) about 7 years ago

Not only should you do that, and take videos, but your seller should do the tour with you. That way seller will realize they actually have competition and their listing will not be in a vacuum.

Posted by Jon Quist, Tucson's BUYERS ONLY Realtor since 1996 (REALTY EXECUTIVES TUCSON ELITE) about 7 years ago

A lot of great tips here. It is crucial to learn the neighborhood where your listings are.

 

Posted by Donald Reich (Prudential Centennial) about 7 years ago

I like the idea about walking the neighborhood.  Will do!

Posted by Gabriel Leyba (Leyba Real Estate LLC) about 7 years ago

Sandy:

I case the neighborhood before I list a property.  And I do visit the neighbors, usually with personal invitation to an open house for neighbors only.  They will give you lots of information about the neighborhood and may even have a prospect for the house.  Nice post.

Posted by Evelyn Kennedy, Alameda, Real Estate, Alameda, CA (Alain Pinel Realtors) about 7 years ago

You're Welcome, Tatyana. Thanks for stopping by.

I so agree, Ed.

Hi John, you already know what it is about.

True, Nancy. Makes you look like the real expert.

Hi Joy, And it really does not take that much time.

Right Rosalie, the more you know, the more your clients will trust your expertise.

You got it, Robert! That is my goal.

Hi Patricia, you're welcome. Thanks for commenting.

Jon, most definitely should the seller be aware of what is out there.

I agree 100%. Donald.

You learn so much that way, Gabriel.

Thanks Evelyn. I know that you have it covered.

Posted by Sandy Acevedo, RE/MAX Masters, Inland Empire Homes for Sale (951-290-8588) about 7 years ago

Excellent advice, Sandy.  That trip around the block might make you think a second time about the listing too.  Good stuff.  Thanks for posting!

Posted by Mike Cooper, Your Winchester, VA Real Estate Sales Pro (Cornerstone Business Group Inc) about 7 years ago

Great advice Sandy.  We also end up calling the neighbors to let them know the home is on the market, and if it's vacant we ask them to call us if they see anything strange.  

Posted by Gabe Sanders, Stuart Florida Real Estate (Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales) about 7 years ago

Thanks Mike, for commenting. It is much appreciated.

 

Good idea Gabe, about approaching the neighbors to help watch and report. Very smart!

 

 

Posted by Sandy Acevedo, RE/MAX Masters, Inland Empire Homes for Sale (951-290-8588) about 7 years ago

Great advice, there is no better way to truly become the neighborhood expert than to get out there and see it up close and personal!

Posted by Janna Scharf, Coeur d'Alene Idaho Real Estate Expert (Keller Williams Realty Coeur d'Alene) about 7 years ago

You got it! Thanks for commenting.

Posted by Sandy Acevedo, RE/MAX Masters, Inland Empire Homes for Sale (951-290-8588) about 7 years ago

Wonderful advice!  You have to know the neighborhood.  I'll be honest, in the past I have gone to a few listings and didn't know the area and guess what?  We lost the listing. Thanks for the reminder.  

Posted by Amanda Christiansen, Christiansen Group Realty (Christiansen Group Realty (260)704-0843) about 7 years ago

Hi CT, Sorry about that. When you are familiar with the area, you must let the client know that. It shows your knowledge and axpertise and it validates their trust in you. Better luck!

Posted by Sandy Acevedo, RE/MAX Masters, Inland Empire Homes for Sale (951-290-8588) about 7 years ago

Getting around the bock is imperative! It is part of your job.

Posted by J Perrin Cornell, Broker, ABR, VAMRES (Century 21 Exclusively, Wenatchee, WA) about 7 years ago

Hi Perrin, yes it is part of the job, an integral part of it. Thanks for commenting.

Posted by Sandy Acevedo, RE/MAX Masters, Inland Empire Homes for Sale (951-290-8588) about 7 years ago

Sandy,

Great post, we owe it to our buyers and sellers to know about the area of interest.

Posted by Agnes Tabor, REALTOR - Premiere Plus Realty (Premiere Plus Realty Co) about 7 years ago

You are exactly right, Agnes.

Posted by Sandy Acevedo, RE/MAX Masters, Inland Empire Homes for Sale (951-290-8588) about 7 years ago

Sandy, Thanks for posting. I love the ideas everyone shares on AR! What I have done is with Visual Tours, burn them to a CD, knock on the neighbors doors hand them the CD, tell them to share it with family and friends and they can help pick their new neighbor. Its called "Pick your neighbor".  Everyone knows the neighbors want to know how much, what does that house look like inside. Plus it may get you a new listing!

Posted by Kathy Dowd, Consider it SOLD (RE/MAX Realty Team, 239 220 4133) about 7 years ago

Those are excellent ideas, Kathy! I can tell you do this regularly. Thanks for stopping by.

Posted by Sandy Acevedo, RE/MAX Masters, Inland Empire Homes for Sale (951-290-8588) about 7 years ago

Hi Sandy, I enjoyed reading your post, now that's what I call workin' it !

Posted by Kathleen Donovan, GRI, CBR, SRES, South County RI Residential Speci (RE/MAX South County) about 7 years ago

Sandy, Local knowledge is very powerful. Walking around the block is a good way to get it.

Posted by Donna Malone, Homes and Property for Sale Nova Scotia (Waterfront, Luxury, Family, Affordable, Cottage, Deals) about 7 years ago

Hi Kathleen, Thank you!

Hi Donna, You learn all kinds of good things that way.

Posted by Sandy Acevedo, RE/MAX Masters, Inland Empire Homes for Sale (951-290-8588) about 7 years ago

Super suggestions and things to execute. Thanks for sharing.

Posted by Carol Barron Cross, Sunflower Homes & Equestrian LLC (SUNFLOWER HOMES & EQUESTRIAN LLC) about 7 years ago

You are welcome, Carol! Thanks for stopping by.

Posted by Sandy Acevedo, RE/MAX Masters, Inland Empire Homes for Sale (951-290-8588) about 7 years ago

Sandy, What a great post. I walked the block in a neighborhood where I had recently participated in a sale and ended up with three sales. Nothing like being there to make things happen. 

Posted by Steve Shelton, REALTOR, Florence, AL homes (RE/MAX Tri-State 256-810-4786) about 7 years ago

That is fantastic news, Steve! Way to go, really go!

Posted by Sandy Acevedo, RE/MAX Masters, Inland Empire Homes for Sale (951-290-8588) about 7 years ago
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